It fell on Mizuta to successfully negotiate short term loans with three American banks.

Despite his nerves, he chain-smoked his way to a successful outcome using Japan's underlying financial strength as security.

[7] Mizuta was the chair of the LDP policy research committee from July 1966 to December 1966 when he was again appointed finance minister.

[8] Mizuta also as Special Envoy to attend Spanish Generalissimo Francisco Franco's Funeral.

[3][9] The house where Mizuta was born in Kamogawa is a nationally registered asset and a public museum run by Josai University.